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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (11561)	9/5/2007 5:25:00 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 19256

JCG- wish I'd remembered their earnings were out today Looks like they beat, but not by enough Currently no position :( May have another chance soon on bounce -- J. Crew falls after results; Altera backs sales view By Carla Mozee, MarketWatch Last Update: 5:03 PM ET Sep 5, 2007 SAN FRANCISCO (MarketWatch) -- J. Crew Group Inc. shares dropped sharply Wednesday evening after the clothing retailer's quarterly results missed Wall Street's targets, and shares of Altera Corp. were slightly higher after the chipmaker backed its quarterly sales outlook. J. Crew (JCG JCG) shares were down 8.5% at $45.50 in recent trading. The apparel chain posted second-quarter net income applicable to shareholders of $20.6 million, or 32 cents a share. Last year, it lost $2.8 million, or 8 cents a share, due to a charge related to preferred stock dividends. On an adjusted basis, the company earned 21 cents a share. Revenue at J. Crew rose 13% to $304.7 million. Analysts polled by Thomson Financial expected earnings of 29 cents a share on revenue of $308.5 million.